Friday, October 10, 2008

Good News For My Daddy...

Australia, New Zealand Dollars Post Biggest Drops in 25 Years

Oct. 10 (Bloomberg) -- Australia's currency plunged this week by the most since it began trading freely in December 1983 as stocks slumped worldwide, prompting investors to cut holdings of higher-yielding assets funded with loans in Japan...

To read the full article, click here
and about the exchange rate, click here

4 gimme more:

michiko said...
This comment has been removed by the author.
michiko said...

good news for my dad too!! but bad news for me coz I'm working here... I feel conflicted...

May said...

nah...
im going to kill myself for changing so much US dollar to rupee and from ringgit to rupee...
i thought 44.8 is high but who knows, after 1 week., it became 47!!!!!!!!!!!!!!!!!!!!!!!!!
celaka!!!!!

michiko said...

you wont be more celaka than me..... after I change from RM to AUD, the price drop from 3.14 to now 2.3!! kill me!!